If you look at the XRP chart, you'll see we have potential for some downside over the coming week. After attempting to surge earlier today, XRP slowed down & fell back into the boundaries of a triangle pattern
. We're also beneath a resistance level
and a strong weekly supply zone
Will we see XRP value dry out in the short term? There's possibility for a short trade here, leaving little room for error.
Wait for a daily close before attempting shorts! Good luck & trade safe.